A recent paper by the Bitcoin Policy Institute on Taiwan opens with a familiar argument that the country’s reserves are overconcentrated in dollars. Gold underperforms its potential, and Bitcoin could complement both. Readers who …
Tag:
Reserve
- Press Release
Phemex Publishes April 2026 Proof Of Reserves, Reporting 131% Total Reserve Ratio
by adminby adminAPIA, Samoa, April 2, 2026 /PRNewswire/ — Phemex, a user-first crypto exchange, announced the release of its April 2026 Proof of Reserves (PoR), reinforcing its commitment to transparency, asset backing, and user fund security. …
- Web3 Technology
Bitcoin Retreats Under $70K as IEA Weighs Historic Oil Reserve Release
by adminby adminIn brief Bitcoin is trading near $69,240 following an IEA proposal to release over 182 million barrels of oil to rein in prices. Surging oil prices elevate inflation concerns, potentially leading to higher interest …
- NFT & Metaverse
Vancouver Moves to Close Bitcoin Reserve Proposal After Legal Review
by adminby adminIn brief City staff have concluded the Vancouver Charter does not allow Bitcoin in city reserves. The motion followed a late 2024 decree by Mayor Ken Sim to study crypto use. Municipal finance rules …
Kansas has become the latest U.S. state to explore a formal role for Bitcoin and digital assets in public finance, with lawmakers introducing legislation that would create a state-managed Bitcoin and Digital Assets Reserve …
Coinbase CEO Brian Armstrong has claimed Bitcoin provides healthy competition for the US dollar, which in turn pressures policymakers to maintain fiscal discipline and helps preserve the US dollar’s dominance. “[Bitcoin] provides a check …
American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin treasury, built with the Bitcoin made from its restaurants’ sales. “All payments received in Bitcoin will be placed in our …
Altcoin Highlights
Bitcoin gains, oil pulls back from 25% spike as G7 discusses emergency reserve release
by admin
by admin
Oil’s war rally just hit its first real obstacle. Tokenized crude futures on Hyperliquid’s CL-USDC contract fell sharply from a high of $118 to $102.83 on Monday after the Financial Times reported that G7 …
When asked about the U.S. government’s approach to Bitcoin and recent BTC seizures, U.S. Treasury Secretary Scott Bessent re-affirmed that the administration will halt all sales of seized BTC and instead add it to …
Press Release
MEXC Maintains Strong Financial Stability With Over 100% Proof Of Reserve Across Major Assets
by admin
by admin
Victoria, Seychelles, October 29, 2025 – MEXC, a leading global cryptocurrency exchange, reported its highest stablecoin reserve ratios this year in its October Proof of Reserve (PoR) audit. USDT reserves increased to 118% from …
